ChainCatcher news, WisdomTree CEO Jonathan Steinberg believes that Bitcoin and cryptocurrencies are on the verge of "mainstream" applications, and that regulatory clarity, the emergence of publicly traded crypto funds, and the tokenization of real-world assets (RWA) will drive cryptocurrencies into the mainstream.Jonathan Steinberg emphasized the significance of former U.S. President Trump's speech at the Bitcoin 2024 conference on July 27, and the ripple effects it will have on the industry in the long run. Trump ambitiously promised to clarify the regulation of cryptocurrencies and digital assets, marking a critical moment for the industry.He also stated, "Cryptocurrency is an asset class, and then there is a broader tokenization of all real-world assets. We see all of this coming together."

ChainCatcher news, according to CryptoSlate, Cboe Vice President and Global Head of ETF Listings Rob Marrocco believes that before changes in the market and regulatory environment occur, it is unlikely that crypto ETFs other than Bitcoin and Ethereum will emerge.Marrocco stated in the ETF Store podcast on June 11 that the market's expectations for Solana and XRP spot ETFs are unrealistic in the short term, as these cryptocurrencies do not have futures markets, which is a key factor in the approval of Bitcoin and Ethereum spot ETFs.He added that this means the only viable way to bring a Solana ETF to market is to first launch a Solana futures ETF, paving the way for a spot ETF.Marrocco further stated that even with the introduction of a Solana futures ETF, they would need to trade for a long time to establish a good track record. However, this process may take quite a long time to yield results.

ChainCatcher news, according to Bitcoinist, Jan3 CEO Samson Mow expressed skepticism about the increasing support for digital assets among U.S. politicians. If the fundamental characteristics of Bitcoin and other cryptocurrencies are confused, this temporary shift in attitude among politicians could lead to problems in the future.One of his main concerns is that many politicians fail to distinguish between Bitcoin and other cryptocurrencies. Bitcoin is characterized by decentralization, permissionlessness, and censorship resistance, which is different from many other digital currency projects that may have different characteristics and risks. Treating Bitcoin like other cryptocurrencies could stifle innovation and hinder the development of this transformative technology.However, Mow also acknowledged the positive impacts in the Bitcoin space, such as some policymakers increasingly supporting Bitcoin and institutional investors adopting Bitcoin more frequently. Nevertheless, he stated that challenges lie ahead, particularly in terms of regulatory transparency and consumer protection.